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GM Recalls 6,000 SUVs and Vans

General Motors is recalling 6,159 2012 vans and SUVs to fix an issue with the gear box that could cause drivers to lose steering control, the National Highway Traffic Safety Administration’s website said. According to the website, the recall includ
Mar 26, 2012
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President and CEO of Dealer-FX Group Shares How To Enhance the Customer Experience on the Service Drive

Gary Kalk, president and CEO of Dealer-FX Group, Inc., is sharing his expertise with automotive dealers and managers on how to enhance the customer experience on the service drive. Gone are the days when dealers and managers can rely on warranty and
Mar 26, 2012
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Report: M&A Dealership Activity Up Sharply in 2011

SAN FRANCISCO – The Presidio Group LLC recently released its Automotive Retail M&A Report for Year End 2011. Public Company Acquisitions in 2011 140% Higher than 2010, Top $500 Million Some highlights of Presidio’s report include: M&A a
Mar 26, 2012
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Dealer Partners Sell 500,000 Cars Using TrueCar

SANTA MONICA, Calif. — TrueCar, Inc., an online automotive information and communications platform focused on creating a better car buying experience for dealers and consumers this week announced that its thousands of Certified Dealer partners
Mar 26, 2012
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The Post Recession Consumer Eludes the Retail Finance Environment Professional Services Division Equips Dealers and Lenders to Capture Greater Market Share

DALLAS, TX  – With more than 35 years of experience in finance and insurance in the automotive retail sector, EFG Companies today announced the establishment of its Professional Services division, led by Senior Vice President, Chuck McGraw, to add
Mar 25, 2012
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Selling Pre-owned – Value or Price?

Seems like no matter how things change in our business, some basics still prevail. Dealerships today can utilize any number of computer pricing models all designed to capture shoppers through price. One could think “low bidder wins”. But if you u
Mar 25, 2012
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Where Have all the Good Used Cars Gone?

Well, this seems to be the topic of articles that you read with all the quasi new wave used car writers and speculators in the market place today, who seem to find most of their automotive talent and experience somewhere out there in the Internet wit
Mar 25, 2012
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Report: M&A Dealership Activity Up Sharply in 2011

SAN FRANCISCO – The Presidio Group LLC recently released its Automotive Retail M&A Report for Year End 2011. Public Company Acquisitions in 2011 140% Higher than 2010, Top $500 Million Some highlights of Presidio’s report include: M&A a
Mar 25, 2012
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Three Reasons the Used Car may not be the Problem

I hear the following from dealers several times a week: “That car doesn’t work for us.” “Why?” I’ll ask. “We tried it before and we got burned” is a typical reply. “Well, let’s take a look,” I’ll say. This “look” at market
Mar 25, 2012